“China ready to work with relevant countries, intl financial institutions to help Sri Lanka tackle current difficulties: FM”
The remarks came after foreign media claimed that Sri Lanka, mired in economic and debt crises and suffering political instability, is in discussions with Japan, and possibly with China in the future, on “bridge financing.”
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Errol Fernando in Melbourne **
The events of the past four days in Sri Lanka have been earth-shattering, Michael, and reporters and journalists would not have had a moment’s rest. Even the cricket was pretty riveting although it paled in comparison with the resignations of the high and mighty and the occupation of the presidential palace.
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Alex Malcolm, in ESPNcricinfo, with this title “Progress made, but subcontinent cracks still present for Australia”
With thanks to my Aloysian compatriot KK De Silva
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Orcadian’s NOTES in response to Benjamin Norton’s Revelatory Essay on the Sources of Debt faced by Sri Lanka
A = “NORTON’S article needs to be tattooed on the brains of every mindless Western journalist, every Western academic, everyone at the BBC, over the brains of Mike Pompeo, over Abe’s tombstone, over Morrison and Turnbull’s brain and over the Sri Lankans who repeatedly lie or fail to acknowledge that the vast majority of debt Sri Lanka owes is to the West, not to China. There was NEVER a China debt trap. That was a false narrative propagated by Western interests to disguise the true picture about the vast US and Western debt trap.”
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Benjamin Norton, in Multipolarista, July 12 July 2022 where the title reads thus “Real debt trap: Sri Lanka owes vast majority to West, not China” ... with highlighting emphasis in colours imposde by the Editor, Thuppahi
Sri Lanka owes 81% of its external debt to US and European financial institutions and Western allies Japan and India. China owns just 10%. But Washington blames imaginary “Chinese debt traps” for the nation’s crisis, as it considers a 17th IMF structural adjustment program.
A protest in Sri Lanka in April 2022
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Andrew McGlashan
Andrew Fidel Fernando, in ESPNcricinfo, 9/10 July 2022, with this title “When Sri Lanka came to the cricket to fight for the country’s future”
Thousands gathered in Galle to protest the government which has led them into economic chaos. …. [SCENE OUTSIDE the northern entrance to the cricket grounds …. Pix from AFP]
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Darini Rajasingham-Senanayake, in IDN, July 2022, where the title reads “Sri Lanka Needs a Balanced Economic and Foreign Policy”
A shortage of exorbitantly privileged American Dollars, the global reserve fiat currency, which is not backed by gold, silver, oil or drugs, is the purported reason for Sri Lanka’s compounding crisis and the international media narrative of ‘famine’ in the country.
The upturned vehicle could be siaid to highlight the situaiton of Sri Lanka today ,,,, and yesterday … PIX ‘stolen’ from Al Jazeera Continue reading
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Hugh Karunanayake The four generational link that the Northways had with the plantation enterprise in Ceylon ended with the death of the last of the Northways in Sri Lanka, that of Michael Northway in 1995. The progenitor of the family in Ceylon was Samuel Northway who together with the Winters, Bowmans, Hawkes, and Gotteliers, and others were induced to come over to Ceylon to establish the sugar industry in which these families were successfully associated with, in the Mauritius where they lived previously. All, or most of these families, including the Northways, were of French extraction.
Charles Northway & his wife on Deviturai Estate on their motorbikes; she witha douglas and He on a Bat, … circa 1910
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thuppahi
